2019 NZD to NOK Historical Review
A comprehensive breakdown of exchange rate performance throughout the year 2019.
2019 NZD to NOK Performance & Market Timing Review
Analysis of key historical highlights and timing insights for 2019
During 2019, the NZD to NOK exchange rate experienced significant fluctuation. The market reached its absolute peak on December 10, valuing the pair at 6.0071. Conversely, the yearly low was recorded on June 22, dropping to 5.6016.
This high-to-low spread represents a total annual volatility of 0.4055 NOK. From a start-to-finish perspective, comparing the January average rate of 5.7988 to the December average rate of 5.9511, the exchange rate registered a net change of 2.63% (reflecting a strengthening trend).
Looking at year-over-year peak valuations, the 2019 high of 6.0071 was up 0.47% compared to the 2018 peak of 5.9789, indicating shifts in long-term support levels.
Comparing the value generated converting 5,000 NZD based on timing:
Trend Visualization
Monthly average fluctuations over the course of 2019.
NZD to NOK Seasonal Trends & Volatility Analysis
A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.
Seasonal Halves (H1 vs H2)
SeasonalThe average exchange rate in the first half of the year (H1: Jan–Jun) was 5.7876, compared to 5.8058 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the second half (Jul–Dec) by a margin of 0.0183 points.
Volatility Range Comparison
VolatilityThe most volatile month in 2019 was October, with a trading range of 0.1988 NOK (High: 5.8960 / Low: 5.6971). On the other end, January was the most stable month, with a tight range of 0.0890 NOK (High: 5.8345 / Low: 5.7455).
Growth Streaks & Declines
TrendsBetween September and December, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between March and April, when the average rate fell by 0.1279 points.
Same-Month Historical Baseline
YoY BaselineComparing the current year's strongest month average (December 2019: 5.9511) against the same month in 2018 (average: 5.8751), the exchange rate shifted by +0.0760 (+1.29%).
Monthly Breakdown
Statistical summary for each calendar month.
| Month | High | Low | Average |
|---|---|---|---|
| January | 5.8345 | 5.7455 | 5.7988 |
| February | 5.9298 | 5.7849 | 5.8665 |
| March | 5.9565 | 5.8157 | 5.8789 |
| April | 5.8338 | 5.6759 | 5.7509 |
| May | 5.7920 | 5.6890 | 5.7358 |
| June | 5.7881 | 5.6016 | 5.6946 |
| July | 5.8166 | 5.6918 | 5.7529 |
| August | 5.8450 | 5.7208 | 5.7679 |
| September | 5.7709 | 5.6489 | 5.7153 |
| October | 5.8960 | 5.6971 | 5.7996 |
| November | 5.9218 | 5.7776 | 5.8482 |
| December | 6.0071 | 5.9060 | 5.9511 |